Strategy #3
The Five Strategies of Financially Successful Small Business Owners
Strategy #1
Understand Business Valuation
Strategy #2
Use Tax Strategies That Build Wealth
Strategy #3
Develop Investments Outside Your Business
Strategy #4
Stay Informed About Exit & Succession
Strategy #5
Protect
Your Wealth
Develop Investments Outside Your Business
Part #1
Developing investments outside your business is key to joining the 2% Club. Successful members of the 2% Club generally will accumulate four dollars of outside investments for every dollar of business value.
Develop Investments Outside Your Business
Part #2
This video discusses the concept of entrepreneurs and what’s in their nature – risk taking. Risk management, a review of the risk spectrum, and risk taking versus financial security are discussed.